Soars River Estates, 400 NW 87th St

0.32
Acre
Status
Coming soon
Size
0.32 Acres (1,296 m2)
Price
$4,062,500/Acre ($1,003/m2)
Type
Land
MLS Number
A12064850
On Site
1 Days
Updated
1 Days ago
Page Views
0
Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for... Read more

Features

All features
  • Property SqFt: 13950
  • Remarks: Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13, 950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4, 455 SF under A/C (5, 308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer
  • Internet Remarks: Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13, 950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4, 455 SF under A/C (5, 308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer
  • Waterfront: Yes
  • Directions: North
  • Days on Market: No info
  • Compass Point: NW
  • Office Name: Coldwell Banker Realty
  • Area: 13950
  • Taxes: 21884
  • Tax Year: 2025
  • Listing Date: 2026-08-04T14:39:15.000-00:00
  • Lot Size Square Feet: 13950

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Price History

Date
Event
Price
Change
Price Per
08/03/2026
Listed
$1.3M
 
$93 ft2
$1,003 m2
08/03/2026
$1.3M
Event
Listed
Price Per
$93 ft2
$1,003 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Juan ZuluagaColdwell Banker Realty • Buyer Agency Compensation .

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Community Snapshot
4 to 4 BR
Bedrooms
$1.4M to $1.4M
Price Tier
1,273 - 2,293
SqFt Range
1958
Year Build
1
Total Floors
31
Total Units

El Portal
High-End
High-End Homes & Condos

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